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  1. GDP per capita definition. is a measure of the total output of a country that takes into account GDP and divides it by the number of people in the country. difference between real gdp/nominal. nominal per capita gdp for a particular year/quarter is the monetary value of output using current prices (will change due to inflation) real gdp per ...

  2. - A country with a high GDP does not necessarily mean that its developed.It depends on the size of the population. E.g a country with a high GDP and a large population will have a low GDP per Capita.

  3. Econ Macro Chapter 13. GDP per capita Economic growth as measured by the Real GDP growth rate. Click the card to flip 👆. GDP is calculated as the sum of consumer spending, business spending, government spending and the total of exports minus imports. In order to factor in inflation and arrive at the real GDP figure, the calculation is as ...

  4. 50K. 100K. 150K. Click on a country for details. GDP per Capita by Country 2024. Gross domestic product (GDP) is a measurement that describes the value of a geographic location’s total goods and services, and how it relates to the population of the region. GDP per capita is an evolution of this metric, and is obtained by dividing a country's ...

  5. Rank Country Population in million GDP Nominal millions of USD GDP Nominal per capita USD GDP (PPP) millions of USD GDP (PPP) per capita USD — ASEAN 685.567: 3,862,060

    Country
    Percent [1] [2] [3](a [n 1])
    Percent [1] [2] [3](i [n 2])
    Percent [1] [2] [3](s [n 3])
    9.7%
    36.4%
    50.5%
    12.4%
    41.4%
    41.8%
    8.8%
    35.0%
    56.2%
    0.0%
    24.2%
    70.9%
  6. May 31, 2024 · The statistic shows gross domestic product (GDP) per capita in the ASEAN countries from 2019 to 2022, with projections up until 2029. GDP is the total value of all goods and services produced in a ...

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  8. Comparisons of national wealth are also frequently made based on purchasing power parity (PPP), to adjust for differences in the cost of living in different countries. Other metrics, nominal GDP per capita and a corresponding GDP (PPP) per capita are used for comparing national standard of living. On the whole, PPP per capita figures are less ...

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